Ask Matt: Is GE a good stock to buy now?

April 11, 2015 10:34 AM

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Ask Matt: Is GE a good stock to buy now?

A: GE (GE) is not the kind of stock investors usually brag about owning. The company is working to try to change that.

Following General Electric’s plan to divest its financial business – the company’s plan now is a return-money-to-investors binge. All told, General Electric plans to pay investors upwards of $90 billion by boosting dividends and also buying back stock. Buying stock, in theory, returns money to inves...

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